SOCResources (PHS:SOC) ROCE % : 2.74% (As of Sep. 2024)

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What is SOCResources ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. SOCResources's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.74%.

SOCResources ROCE % Historical Data

The historical data trend for SOCResources's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SOCResources ROCE % Chart

SOCResources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.88

-1.94

1.49

-0.36

1.38

SOCResources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															0.14	3.06	1.69	-0.73	2.74

SOCResources ROCE % Calculation

SOCResources's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	25.444	/	( ( (2098.593 - 219.333)	+	(2044.406 - 231.571) )	/ 2 )
	=	25.444	/	( (1879.26	+	1812.835)	/ 2 )
	=	25.444	/	1846.0475
	=	1.38 %

SOCResources's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	50.616	/	( ( (1991.713 - 172.434)	+	(1991.27 - 119.041) )	/ 2 )
	=	50.616	/	( ( 1819.279	+	1872.229 )	/ 2 )
	=	50.616	/	1845.754
	=	2.74 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

SOCResources (PHS:SOC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

SOCResources ROCE % Related Terms

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SOCResources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOCResources Inc (PHS:SOC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

399 Senator Gil Puyat Avenue, 4th Floor, Enzo Building, Makati, PHL, 1200

Website

https://www.socres.com.ph

SOCResources Inc is engaged in the real estate development business. The segments of the group are the Real estate development segment which is engaged in the real estate business and the Investment segment which pertains to the activities of the parent company as a holding entity. The majority is from the Real Estate development segment. The group derives its real estate revenue from the sale of lots, house and lot, condominiums, and parking spaces. It is also involved in oil and gas exploration activities.